IREN

Value Q4, 24Q1, 25Q2, 25Q3, 25 TTM Total revenue 187.29 M240.29 M184.69 M144.79 M 757.07 M Gross profit 134.4 M159.62 M118.93 M104.86 M 517.82 M Operating expenses 0103.72 M217.63 M202.27 M 523.61 M Selling/general/admin expenses 53.3 M138.36 M100.75 M81.75 M 374.16 M Research & development ———— — Operating income 17.89 M-76.41 M-116.4 M-233.52 M -408.44 M Non-Operating Income, Total 156.02 M651.7 M-221.52 M-20.56 M 565.64 M Interest expense, net of interest capitalized 5.18 M9.28 M10.67 M14.84 M 39.97 M Non-Operating Income, excl. Interest Expenses 150.5 M642.42 M-232.19 M-35.48 M 525.26 M Unusual income/expense 337 K0075 K 412 K Pretax income 173.91 M575.3 M-337.93 M-254.09 M 157.2 M Equity in earnings ———— — Taxes -2.77 M190.69 M-182.52 M-6.26 M -857 K Non-controlling/minority interest ———— — After tax other income/expense -8.63 M000 -8.63 M Net income before discontinued operations 176.68 M384.61 M-155.41 M-247.83 M 158.05 M Discontinued operations ———— — Net income 176.68 M384.61 M-155.41 M-247.83 M 158.05 M Dilution adjustment ———— — Preferred dividends ———— — Diluted net income available to common stockholders 176.68 M391.49 M-155.41 M-247.83 M 164.94 M Basic earnings per share (Basic EPS) 0.851.42-0.52-0.74 1.01 Diluted earnings per share (Diluted EPS) 0.791.08-0.52-0.74 0.65 Average basic shares outstanding 214.59 M270.7 M298.03 M333.73 M — Diluted shares outstanding 223.25 M361.68 M298.03 M333.73 M — EBITDA 251.11 M141.13 M479 K23.84 M 416.56 M EBIT 187.29 M55.91 M-98.7 M-97.41 M 47.09 M Cost of revenue 52.89 M80.67 M65.76 M39.93 M 239.26 M Other cost of goods sold 3.31 M3.47 M4.61 M5.73 M 17.13 M Depreciation & amortization (cash flow) 63.82 M85.23 M99.18 M121.25 M 369.46 M